THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

Change of Designated Securities for Short Selling

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 28 October 2005 (Friday), China Construction Bank (Stock Code: 939) will be added to the list of designated securities eligible for short selling.

The latest list of all designated securities for short selling is available on the HKEx's website.

Note: The bank will become a constituent of the FTSE/Xinhua China 25 Index on 28 October 2005 and its addition to the list of designated securities for short selling is pursuant to the Eleventh Schedule of the Rules of the Exchange.